INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official sbicard.com (SBI Cards and Payment Services Ltd.) Most Important Terms and Conditions (MITC).

🏛️State Bank of India (SBI Card)Network: RuPay / VisaSalaried & Everyday CardsLast Verified: 2026-09-28

SBI Card Shaurya Select

एसबीआई कार्ड शौर्य सेलेक्ट

Premium military credit card for defence officers offering 10X CSD canteen rewards, 4 domestic lounge visits, concessional 2.75% interest, and ₹10L insurance cover.

Annual Fee₹1,499 + GST (Renewal: ₹1,499 + GST)

Reward Rate10 Reward Points per ₹100 spent on CSD (Canteen Stores Department), Dining, Grocery, Departmental Stores, and Movies. 2 Reward Points per ₹100 on other retail.

Airport Lounge4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).

Forex Markup3.50% + GST.

What Is This Card

SBI Card Shaurya Select is an enhanced premium defence credit card designed for Commissioned Officers, Junior Commissioned Officers (JCOs), and senior personnel of the Indian Armed Forces and Paramilitary. It combines 10X CSD canteen rewards, domestic airport lounge access, and enhanced insurance protection.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,499 + GST (Renewal: ₹1,499 + GST)

Fee Waiver: Spend ₹1,50,000 or more in the preceding membership year to get the annual renewal fee of ₹1,499 reversed.

🎁Welcome Benefit

1,500 bonus Reward Points (worth ₹1,500 on military lifestyle vouchers) upon payment of joining fee + concessional 2.75% monthly interest rate.

⚡Reward Points Structure

10 Reward Points per ₹100 spent on CSD (Canteen Stores Department), Dining, Grocery, Departmental Stores, and Movies. 2 Reward Points per ₹100 on other retail.

Redemption Value: 4 Reward Points = ₹1.00 (1 Reward Point = ₹0.25).

🛫Airport & Railway Lounge Access

4 complimentary domestic airport lounge visits per calendar year (max 1 visit per quarter).

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal Accidental Death Cover of ₹10 Lakhs. Air accident cover of ₹50 Lakhs.

Fuel Surcharge: 1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 at all petrol pumps in India (maximum ₹250 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: Complimentary Yatra/Pantaloons voucher worth ₹1,500 on reaching ₹2 Lakhs annual spend. Annual fee waiver on ₹1.5 Lakh spend.

Interest-Free Period: 20 to 50 days.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Strictly restricted to armed forces and paramilitary personnel. Domestic lounge visits are limited to 1 per quarter. International lounge access requires payment of standard lounge walk-in charges.

Forex Markup Fee3.50% + GST.

Cash Advance Fee2.5% of transaction amount or ₹500 (whichever is higher) + 2.75% per month.

Finance Charges (Interest)Concessional defence officer rate: 2.75% per month (33.00% per annum).

Late Payment SlabsNil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.

Reward Points ExpiryReward points expire 24 months from accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, utility bills, rent, wallet reload, and government services.

Eligibility Criteria

Serving or retired Commissioned Officers / JCOs / Senior NCOs of Indian Armed Forces and CAPF. Minimum age 21 years.

Age Requirement21 to 70 Years

Minimum IncomeCommissioned Officer / JCO rank pay band under Defence Salary Package

CIBIL Score NoteRecommended CIBIL score of 720+.

SBI RelationshipSBI Defence Salary Package (DSP) account strongly preferred.

How to Apply (Official Procedure)

Online Digital Application Flow

1Visit sbicard.com/apply or open the YONO SBI app and select SBI Card Shaurya Select.

2Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score).

3Fill online application form with personal, residence, and occupational details (takes 5–10 minutes).

4Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof).

5Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants).

6Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.

Branch Application for Offline Applicants

Available at cantonment and naval/airforce station SBI branches.

Visit Official Card Page (sbicard.com)Download Official MITC (PDF)

Documents Required

1. Military Officer Identity Card

2. PAN Card

3. Aadhaar Card

4. Latest military pay slip showing officer grade pay.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on SBI Card Shaurya Select?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Concessional defence officer rate: 2.75% per month (33.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on SBI Card Shaurya Select into EMI?

Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on SBI Card Shaurya Select?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 4 Reward Points = ₹1.00 (1 Reward Point = ₹0.25). Please note: Reward points expire 24 months from accrual.

What is the interest-free grace period on SBI Card Shaurya Select and how does it work?

The interest-free period on SBI Card Shaurya Select is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Concessional defence officer rate: 2.75% per month (33.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

← Back to Complete Credit Cards Directory View All State Bank of India (SBI Card) Products & Loans →